ATLANTA--(BUSINESS WIRE)--First Data Corporation (“First Data”) today announced the preliminary
results of its previously announced cash tender offer for any and all of
its outstanding 10.55% PIK Senior Unsecured Notes due 2015 (referred to
below as the "notes"). As of 5:00 p.m., New York City time, on February
12, 2013 (the “Early Tender Deadline”), $414.2 million aggregate
principal amount of the notes had been validly tendered and not validly
withdrawn. The tender offer is being made pursuant to an “Offer to
Purchase” dated January 30, 2013, which sets forth a more comprehensive
description of the terms of the offer. The table below sets forth
information with respect to the notes and the tender offer.

Title of Notes

CUSIP/ISINNumber

PrincipalAmountOutstanding

Tender OfferConsideration

EarlyTenderPayment(1)

TotalConsideration(1)(2)

10.55% PIK Senior Unsecured Notes due 2015

319963 AT1

$748,427,723

$996.38

$32.64

$1,029.02

(1) Per $1,000 principal amount of notes tendered and accepted for
purchase.

(2) Inclusive of the Early Tender Payment.

First Data has elected to exercise the Early Settlement Election
described in the Offer to Purchase. Holders of notes who validly
tendered and did not validly withdraw their notes on or prior to the
Early Tender Deadline will receive the Total Consideration for the notes
on February 13, 2013, subject to the consummation of a debt financing
expected to close on that date. Holders of notes who validly tender
their notes after the Early Tender Deadline but before the expiration of
the tender offer will receive only the Tender Offer Consideration for
any such notes that are accepted for purchase in the tender offer.

The time and date at which the tender offer will expire is 12:00
midnight, New York City time, on February 27, 2013 (unless extended).
The Company currently expects the tender offer to be settled on February
28, 2013.

The time and date on or before which validly tendered notes may be
validly withdrawn expired at 5:00 p.m., New York City time, on February
12, 2013. Holders may not validly withdraw any validly tendered notes
after that time and date, except in limited circumstances where we
determine additional rights are required by law.

First Data’s obligations to accept any notes tendered and to pay the
applicable consideration for them are set forth solely in the Offer to
Purchase and the related Letter of Transmittal. This press release is
neither an offer to purchase nor a solicitation of an offer to sell any
notes. The tender offer is made only by, and pursuant to the terms of,
the Offer to Purchase, and the information in this press release is
qualified by reference to the Offer to Purchase and the related Letter
of Transmittal. Subject to applicable law, First Data may amend, extend
or, subject to certain conditions, terminate the tender offer. None of
First Data, the dealer manager or the depositary and information agent
makes any recommendations as to whether holders should tender their
notes pursuant to the tender offer. Holders must make their own
decisions as to whether to tender notes, and, if so, the principal
amount of notes to tender.

Citigroup Global Markets Inc. is the dealer manager for the tender
offer. Persons with questions regarding the tender offer should contact
Citigroup Global Markets Inc. by phone at 212-723-6106 or 800-558-3745.
Requests for copies of the Offer to Purchase, the related Letter of
Transmittal and other related materials should be directed to Global
Bondholder Services Corporation, the Information Agent and Depositary
for the tender offer, by phone at 866-470-3800 or 212-430-3774 or in
writing at 65 Broadway – Suite 404, New York, New York 10006.

On January 30, 2013, First Data announced that it intends to redeem any
notes that remain outstanding after the consummation of the tender offer
on March 1, 2013, at 102.638% of their principal amount, plus accrued
interest up to, but not including, the redemption date.

Forward-Looking Statements

This press release includes certain disclosures which contain
“forward-looking statements.” You can identify forward-looking
statements because they contain words such as “believes” and “expects.”
Forward-looking statements are based on First Data’s current
expectations and assumptions. Because forward-looking statements relate
to the future, they are subject to inherent uncertainties, risks and
changes in circumstances that may differ materially from those
contemplated by the forward-looking statements, which are neither
statements of historical fact nor guarantees or assurances of future
performance. Important factors that could cause actual results to differ
materially from those in the forward-looking statements are set forth in
First Data’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2011 under the caption “Risk Factors.”